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COMMISSION IMPLEMENTING REGULATION (EU) laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to forms, formats and templates for the crypto-asset white papers

Bill Financial services ADOPTED
Date: 29th Nov, 2024 Source: Register of Delegated and Implementing Acts Country: European Union Original Source

Brief

The Commission Implementing Regulation (EU) 2024/2984 was published by the European Commission on November 29, 2024. This regulation lays down implementing technical standards for the application of Regulation (EU) 2023/1114 regarding the formats, forms, and templates for crypto-asset white papers. The regulation aims to standardize the data fields for crypto-asset white papers, ensuring they are machine-readable and human-accessible. It mandates the use of XBRL for structured data and Inline XBRL for compatibility with human-readable formats. The regulation also allows for the use of legal entity identifiers and Digital Token Identifiers to avoid duplication of information. To facilitate compliance, the European Securities and Markets Authority (ESMA) will publish the XBRL taxonomy files. The regulation defers the date of application by 12 months to provide adequate time for adaptation.

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Register of Delegated and Implementing Acts

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